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The Swig Company Sells Office Building At 399 West El Camino Real For $22 Million
SOLD
$22,000,000
California
See Similar DealsOffice29,500 SF
Sold 11/03/2025
SOLD
The Swig Company Sells Office Building At 399 West El Camino Real For $22 Million
399 West El Camino Real
See Similar DealsOffice29,500 SF
Sold 11/03/2025
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$745
Total Square Footage:29,500 SF
Transaction Type:Sale
A 29,500-square-foot vacant office building was sold at 399 W. El Camino Real in Mountain View, California, for approximately $22 million, reflecting a price per square foot of $746. The property had been owned by The Swig Company since 2007 and was marketed following its recent vacancy.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $22,000,000
- Square Footage: 29,500
- Price per Square Foot: $746
- Address: 399 West El Camino Real
- Market: Mountain View
- Seller: Connor Kidd - The Swig Company
Connor Kidd represented The Swig Company in this transaction where the asset was sold to an owner-user. The sale took place on November 3, 2025.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$78,161.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$104,291.22
Annual Debt Service$1,251,494.69
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